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Showing 221 - 230 of 1745 results for "Federal Reserve"

Chief economist update: Currency manipulators beware

BENJAMIN ONG  |  THURSDAY, 4 JUL 2019
... currency manipulation from America's trading partners is consistent with his view (and criticism) that the US Federal Reserve should have been cutting interest rates instead of raising them when it did. Certainly, it would put downward pressure on ...

Chief economist update: Expect an RBNZ rate cut

BENJAMIN ONG  |  THURSDAY, 27 JUN 2019
... dropped to a seven-month low following the RBNZ's rate cut announcement in May on mounting speculations the US Federal Reserve would cut interest rates this year.

Chief economist update: Fed plans for Trump contingency

BENJAMIN ONG  |  THURSDAY, 20 JUN 2019
... participants projecting two rate reductions and one official calling for a single rate reduction this year. Heck, Federal Reserve Bank of St. Louis James Bullard even voted for an outright 25 bps rate reduction at June meeting. Not surprisingly, investors ...

Chief economist update: Cash is King

BENJAMIN ONG  |  WEDNESDAY, 19 JUN 2019
Maybe not at this month's Federal Open Market Committee (FOMC) meeting but consensus expect the US Federal Reserve to serve Christmas in July with a 25 basis point reduction in the fed funds rate from 2.25%-2.5% to 2%-2.25%. The CME FedWatch Tool ...

Chief economist update: The path of monetary policy according to Lowe

BENJAMIN ONG  |  WEDNESDAY, 5 JUN 2019
... prediction that rates will drop to as low as 0.5% by 2020 proves accurate. Perhaps. Mounting expectations the US Federal Reserve would reduce borrowing costs twice by 25bps each this year, the ongoing/escalating trade war and its negative impact on already ...

Chief economist update: The rate cut Australia has to have

BENJAMIN ONG  |  TUESDAY, 4 JUN 2019
... have also come down. They have already been receding in over the past few weeks but president of the St. Louis Federal Reserve Jim Bullard's recent speech before the Union League Club of Chicago stated: "A downward policy rate adjustment may be warranted ...

Chief economist update: US recession in the offing

BENJAMIN ONG  |  MONDAY, 3 JUN 2019
"On June 10th, the United States will impose a 5% Tariff on all goods coming into our Country from Mexico, until such time as illegal migrants coming through Mexico, and into our Country, STOP. The Tariff will gradually increase until the Illegal Immigration ...

Chief economist update: The greatest challenge of our time

BENJAMIN ONG  |  THURSDAY, 30 MAY 2019
... credit and financial market seizure that produced the 'Great Recession' of a decade ago. So what gives? US Federal Reserve Chairman Jerome Powell at his press conference after the FOMC's March meeting. Powell warned below-target inflation ...

Chief economist update: Glass half-full or US recession on the way?

BENJAMIN ONG  |  WEDNESDAY, 29 MAY 2019
... increased to 44.6% from 38.1%. The financial markets are in good company. In an interview this month, Philadelphia Federal Reserve Bank emeritus economist Leonard Nakamura, was quoted saying: "People think we're just a half percent or a few tenths ...

Chief economist update: Policy of patience

BENJAMIN ONG  |  THURSDAY, 2 MAY 2019
The US Federal Reserve just concluded its April 30 - May 1 FOMC meeting and decided it best to do nothing but reaffirm its policy of patience, as you, I and Irene expected. "Consistent with its statutory mandate, the Committee seeks to foster maximum ...